Juicy Marbles Investor World Fund Secures €50M from EIF
Climate tech VC World Fund announced a €50 million investment from the European Investment Fund (EIF) to support environmental and climate tech-related ventures that contribute to decarbonising the world’s economy and its businesses. The Slovenian plant-based whole-cut specialist Juicy Marbles and Germany’s Planet A Foods, a precision fermentation platform that makes cacao-free chocolate, were eligible to receive funding from the World Fund due to their carbon offsetting schemes. Supported by InvestEU The EIF’s investment in the World Fund is supported by InvestEU, the region’s sustainability and innovation investment programme, which provides the European Union with crucial long-term financing to achieve the zone’s climate goals. “This is one of the largest investments EIF has made into a first-time VC fund,” EIF said, adding that “the investment …
